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Default Gasoline prices - another record high/ supply and demand


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Default Gasoline prices - another record high/ supply and demand


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Default Gasoline prices - another record high/ supply and demand

LOFL!


JohnH wrote:
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Default Gasoline prices - another record high/ supply and demand


"ACP" wrote in message
...

"basskisser" wrote in message
oups.com...

ACP wrote:
"basskisser" wrote in message
oups.com...

ACP wrote:
"basskisser" wrote in message
oups.com...

P. Fritz wrote:
"NOYB" wrote in message
ink.net...

"basskisser" wrote in message
oups.com...

NOYB wrote:
"basskisser" wrote in message
oups.com...

Calif Bill wrote:

So, was not just SUV's speeding. How many in your speeding
vehicle?
Oil
makes about 16% profit. Citigroup about 34%.


Horse****!! How would Citigroup make a 34% profit when their
interest
rates aren't even that high?????? Let alone their operating
expenses!

LOL. You really are clueless.

Well, then SHOW ME where Citigroup has made 34% profit.

They made 18.8% profit. But that's beside the point. You
stated
that
"their interest rates aren't even that high"...implying that
they
could
earn a profit that was only as high as their interest rate
(whatever
that
is).

This shows ignorance on multi-levels.

Surprise surprise
give it a shot, asshole. Show me how Citigroup makes profits in the
range of 35%. You should really consider talking to the biggest
corporations in the US, they'd love to know your secret!

Here's an example of Net Income/Revenue at 25.9%. Maybe there was,
maybe
there wasn't a quarter where they hit 35%. Don't know, don't care.

You don't seem to understand that they can possibly make greater than
their
domestic lending rates. They're into much more than just lending
money.

Link to the above data:

http://www.citigroup.com/citigroup/p...04/041014a.htm

Bill wasn't talking about the percentage of increase, he was talking
about the percentage of profit, period. Two entirely different things.

If you read the link carefully and divide the Net Income by the Revenue
you
will find that the results are 25.9%. I wasn't referring to year over
year
or sequential increases

$5.31B Revenue / $20.5B = 25.9%.


And that equals 34% how?


The only reason I posted those figures is that earlier in this thread you
couldn't believe that a banking company could have profits any higher than
the interest rates they charge.

That's it, nothing less, nothing more.



Kevin is two tacos short of a combination plate.







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Default Gasoline prices - another record high/ supply and demand


"Jack Goff" wrote in message
...
On Sun, 30 Jul 2006 14:50:32 GMT, "JoeSpareBedroom"
wrote:



34% return on your money? Again, Trump would love that kind of profit!


It's not all that unusual in some businesses. But, there seems to be a
magic
number, beyond which some people think it's excessive. Even the oil
industries profits would not be considered outrageous, if the absolute
price
(which we pay) wasn't out of hand.


But it's not at all unreasonable. We pay about *half* of what the
European countries pay per gallon. I don't like paying it, but maybe
you'd like to explain how the US price is "out of hand", especially
compared to the rest of the world?



A sentient being would understand why what you have said is completely
illogical.


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Default Gasoline prices - another record high/ supply and demand

On Mon, 31 Jul 2006 06:18:21 GMT, "JoeSpareBedroom"
wrote:


"Jack Goff" wrote in message
.. .
On Sun, 30 Jul 2006 14:50:32 GMT, "JoeSpareBedroom"
wrote:



34% return on your money? Again, Trump would love that kind of profit!


It's not all that unusual in some businesses. But, there seems to be a
magic
number, beyond which some people think it's excessive. Even the oil
industries profits would not be considered outrageous, if the absolute
price
(which we pay) wasn't out of hand.


But it's not at all unreasonable. We pay about *half* of what the
European countries pay per gallon. I don't like paying it, but maybe
you'd like to explain how the US price is "out of hand", especially
compared to the rest of the world?



A sentient being would understand why what you have said is completely
illogical.


So you can't back up your statement, huh? That's OK.
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Default Gasoline prices - another record high/ supply and demand

JoeSpareBedroom wrote:
"Jack Goff" wrote in message
...
On Sun, 30 Jul 2006 14:50:32 GMT, "JoeSpareBedroom"
wrote:

34% return on your money? Again, Trump would love that kind of profit!

It's not all that unusual in some businesses. But, there seems to be a
magic
number, beyond which some people think it's excessive. Even the oil
industries profits would not be considered outrageous, if the absolute
price
(which we pay) wasn't out of hand.

But it's not at all unreasonable. We pay about *half* of what the
European countries pay per gallon. I don't like paying it, but maybe
you'd like to explain how the US price is "out of hand", especially
compared to the rest of the world?



A sentient being would understand why what you have said is completely
illogical.



Nice dodge Doug. Why can't you answer the question? Maybe because it
doesn't fit your agenda, which is bashing the oil companies and wanting
the government to regulate more of your and my life.

  #99   Report Post  
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Default Gasoline prices - another record high/ supply and demand

JoeSpareBedroom wrote:
"Bert Robbins" wrote in message
...
JoeSpareBedroom wrote:
"Jack Goff" wrote in message
...
On Sun, 30 Jul 2006 14:50:32 GMT, "JoeSpareBedroom"
wrote:

34% return on your money? Again, Trump would love that kind of profit!

It's not all that unusual in some businesses. But, there seems to be a
magic
number, beyond which some people think it's excessive. Even the oil
industries profits would not be considered outrageous, if the absolute
price
(which we pay) wasn't out of hand.

But it's not at all unreasonable. We pay about *half* of what the
European countries pay per gallon. I don't like paying it, but maybe
you'd like to explain how the US price is "out of hand", especially
compared to the rest of the world?


A sentient being would understand why what you have said is completely
illogical.


Nice dodge Doug. Why can't you answer the question? Maybe because it
doesn't fit your agenda, which is bashing the oil companies and wanting
the government to regulate more of your and my life.


Make up which of your identities you're going to use during this particular
discussion, and stick with just one. I will not respond to both. Either be
Bert, or Jack.


Doug, it is you that has the identity problem. Why have you switched
from posting as "Doug Kanter" to "JoeSpareBedroom"? Are you ashamed of
something? Are you afraid your "friends" will find out that you really
are an asshole? Just what was it that made you stop posting as "Doug
Kanter"?


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